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$318,000

NAL Estimated Property Value

3347 Ellesborough Ln, Spring, TX, 77388

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,293 Sq Ft
price_per_sqft$135.19 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Gas Oven, Microwave, Gas Range, Dishwasher, Refrigerator, Washer
FlooringLaminate, Tile

Exterior

Exterior FeaturesSprinkler System
Lot Size7,065 sqft

Building Information

Year Built2005
Garage Spaces2

Land Information

APN1261360010001
Lot Number1
SubdivisionLouetta Lakes
Land UseResidential
Legal DescriptionLT 1 BLK 1 LOUETTA LAKES SEC 4
Census Tract553403
Assessed Land Value$55,333
Assessed Improvement Value$256,770
Assessment Year2025

About this property

Corner lot property with no back neighbors! Cabinets recently updated, Tile and Laminate floors, no carpets make it easy to take care of! Brand new SS Appliances. It's a great location if you need to have a quick access to main roads, close to malls, shopping centers and groceries stores and Doctors. Zoned for Klein IDS. Water filter for the entire home and sprinkles system!

Investor Tools

Property Icon
$318,000
Estimated Property Value
$240,246Estimated Mortgage Balance
$77,754Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,908 /month
Positive
Cash Flow Estimate:
$636 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$513/month
$488/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,570
$312,103
2025
$55,333
$256,770
$312,103
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,570
$312,103

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Encompass Lending Group Lp
Conventional
$256,000
No
First
Jan 31, 2023
Feb 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$240,246
$75,754
23%
76%
$1,535/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,180/mo
$2,023/mo
+$1,157/mo
12.0%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Spring

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3347 Ellesborough Ln | Property Details | No Agent List